K-Bro Linen Inc

KBL-T

Analysis and Opinions about KBL-T

Signal
Opinion
Expert
HOLD
HOLD
July 25, 2018

The balance sheet is in good shape. They have been building new plants in Toronto and Vancouver and developing new markets in the UK. There is about 1.4 times debt to EBIDA, so there are no concerns.

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The balance sheet is in good shape. They have been building new plants in Toronto and Vancouver and developing new markets in the UK. There is about 1.4 times debt to EBIDA, so there are no concerns.

PAST TOP PICK
PAST TOP PICK
June 14, 2018

(A Top Pick Jun. 26/17, Down 3%) They have been investing heavily in new plant and equipment. This is a great entry point. They are lowering their costs. They have 30% of the Canadian market and the next biggest player is very weak. There are one time start up costs. This is when you want to invest in these kinds of companies. This is a great entry point and he added to his position recently. You get a great dividend while you wait for higher margins.

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(A Top Pick Jun. 26/17, Down 3%) They have been investing heavily in new plant and equipment. This is a great entry point. They are lowering their costs. They have 30% of the Canadian market and the next biggest player is very weak. There are one time start up costs. This is when you want to invest in these kinds of companies. This is a great entry point and he added to his position recently. You get a great dividend while you wait for higher margins.

COMMENT
COMMENT
December 15, 2017

There is a lot of weird trading at year-end. You have portfolio managers changing, Short covering, sector reallocation and tax loss selling. He would bet this company’s problem is year-end positioning. A nice solid company. Wouldn't put it in the high growth category. If markets are going to go on a tear, this will underperform. If the market does go down, you are going to be glad you owned it. They sign 10-year facility contracts with their customers.

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K-Bro Linen Inc (KBL-T)
December 15, 2017

There is a lot of weird trading at year-end. You have portfolio managers changing, Short covering, sector reallocation and tax loss selling. He would bet this company’s problem is year-end positioning. A nice solid company. Wouldn't put it in the high growth category. If markets are going to go on a tear, this will underperform. If the market does go down, you are going to be glad you owned it. They sign 10-year facility contracts with their customers.

COMMENT
COMMENT
December 13, 2017

This has been moving up significantly. Doesn't know if they have new contracts, but over the last few years, they’ve gained a lot of market share in the markets they are in. A smaller company, but extremely well-managed.

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K-Bro Linen Inc (KBL-T)
December 13, 2017

This has been moving up significantly. Doesn't know if they have new contracts, but over the last few years, they’ve gained a lot of market share in the markets they are in. A smaller company, but extremely well-managed.

COMMENT
COMMENT
December 4, 2017

Chart shows this has come back to the base of about $40, which was a break out in 2014. If it can get above the last trend line, that would be pretty positive.

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K-Bro Linen Inc (KBL-T)
December 4, 2017

Chart shows this has come back to the base of about $40, which was a break out in 2014. If it can get above the last trend line, that would be pretty positive.

HOLD
HOLD
October 19, 2017

This is a boring stock. They wash linins for hospitals and industrial. They have long term contracts and definitely are a safety company. It will not get killed to badly with interest rates.

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K-Bro Linen Inc (KBL-T)
October 19, 2017

This is a boring stock. They wash linins for hospitals and industrial. They have long term contracts and definitely are a safety company. It will not get killed to badly with interest rates.

HOLD
HOLD
October 4, 2017

A very steady business. Just built a new plant in Toronto. There is a potential for them to make an acquisition or to build a plant in Vancouver. His concern is that when they have built plants in the past, it’s taken time to fill the capacity of them. He is cautious. On top of that it has always been pricey as a stock. Hard to see where the upside is in terms of valuation. Dividend yield of 3.1%.

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K-Bro Linen Inc (KBL-T)
October 4, 2017

A very steady business. Just built a new plant in Toronto. There is a potential for them to make an acquisition or to build a plant in Vancouver. His concern is that when they have built plants in the past, it’s taken time to fill the capacity of them. He is cautious. On top of that it has always been pricey as a stock. Hard to see where the upside is in terms of valuation. Dividend yield of 3.1%.

BUY
BUY
September 25, 2017

It is not interest rate sensitive. There are big moats around the business. They are modernizing several of their plants and can increase their margins going forward. It is in a consolidation phase as new plants come online. You will have to wait a few quarters if you get in.

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K-Bro Linen Inc (KBL-T)
September 25, 2017

It is not interest rate sensitive. There are big moats around the business. They are modernizing several of their plants and can increase their margins going forward. It is in a consolidation phase as new plants come online. You will have to wait a few quarters if you get in.

BUY
BUY
July 27, 2017

They have done a really great job of consolidating the industry in Canada. It is expensive to add new capacity. He would be adding to the position. It is a defensive and conservative position. They could increase their dividend.

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They have done a really great job of consolidating the industry in Canada. It is expensive to add new capacity. He would be adding to the position. It is a defensive and conservative position. They could increase their dividend.

WATCH
WATCH
July 24, 2017

He looks at peaks and troughs, and the chart looks like it may be basing. You want to see it break the lid of basing of around $44.

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He looks at peaks and troughs, and the chart looks like it may be basing. You want to see it break the lid of basing of around $44.

DON'T BUY
DON'T BUY
July 14, 2017

Earnings estimates were $1.59 for 2016, and dropped to $1.14 for 2017, and then goes to $1.39 for 2018. There is reasonable year-over-year growth from 2016 of 12%. It ranks 308 out of 720 stocks in his model. On a near term basis, year-over-year cash flow has declined by 16%, and year-over-year earnings growth is -12%. The upcoming quarter is even worse at -16%. Dividend yield of 3%. He would look elsewhere.

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Earnings estimates were $1.59 for 2016, and dropped to $1.14 for 2017, and then goes to $1.39 for 2018. There is reasonable year-over-year growth from 2016 of 12%. It ranks 308 out of 720 stocks in his model. On a near term basis, year-over-year cash flow has declined by 16%, and year-over-year earnings growth is -12%. The upcoming quarter is even worse at -16%. Dividend yield of 3%. He would look elsewhere.

COMMENT
COMMENT
June 30, 2017

Some indicators are starting to turn up, which is pretty positive. Short-term, it is going to have a little trouble getting through the $41 level, before there is more acceleration. It could then get a push up to around $45.

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Some indicators are starting to turn up, which is pretty positive. Short-term, it is going to have a little trouble getting through the $41 level, before there is more acceleration. It could then get a push up to around $45.

TOP PICK
TOP PICK
June 26, 2017

Canadian leader in linen services to hotels and hospitals. There are high barriers to entry into the industry and they have limited competition. It is a duopoly in Canada. They have high margins and good cash flow. It has pulled back in the last year because they are in a large cap-x program. It is better valued now considering the future benefit of the cap-x program. Demographics are behind them. They have long term contracts with very high renewal rates. (Analysts’ target: $43.50).

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Canadian leader in linen services to hotels and hospitals. There are high barriers to entry into the industry and they have limited competition. It is a duopoly in Canada. They have high margins and good cash flow. It has pulled back in the last year because they are in a large cap-x program. It is better valued now considering the future benefit of the cap-x program. Demographics are behind them. They have long term contracts with very high renewal rates. (Analysts’ target: $43.50).

PAST TOP PICK
PAST TOP PICK
May 31, 2017

(A Top Pick May 4/16. Down 3%.) They are doing everything that a good, long term business owner would do. Reinvesting in some of their plants and winning new contracts. Have had to build new facilities in Vancouver and Toronto. Extremely well-run. He is still buying on weakness.

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(A Top Pick May 4/16. Down 3%.) They are doing everything that a good, long term business owner would do. Reinvesting in some of their plants and winning new contracts. Have had to build new facilities in Vancouver and Toronto. Extremely well-run. He is still buying on weakness.

HOLD
HOLD
September 30, 2016

Laundry services for hospitals, hotels, institutions. There have been some pretty lacklustre quarters recently as competition is increasing. The company is adding plants throughout Ontario to add to their logistical efficiencies, giving lower costs. You will have to hold for another year to get a leg up, but in the meantime, the 3% dividend is nice.

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K-Bro Linen Inc (KBL-T)
September 30, 2016

Laundry services for hospitals, hotels, institutions. There have been some pretty lacklustre quarters recently as competition is increasing. The company is adding plants throughout Ontario to add to their logistical efficiencies, giving lower costs. You will have to hold for another year to get a leg up, but in the meantime, the 3% dividend is nice.

Showing 1 to 15 of 46 entries

K-Bro Linen Inc(KBL-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for K-Bro Linen Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

K-Bro Linen Inc(KBL-T) Frequently Asked Questions

What is K-Bro Linen Inc stock symbol?

K-Bro Linen Inc is a Canadian stock, trading under the symbol KBL-T on the Toronto Stock Exchange (KBL-CT). It is usually referred to as TSX:KBL or KBL-T

Is K-Bro Linen Inc a buy or a sell?

In the last year, there was no coverage of K-Bro Linen Inc published on Stockchase.

Is K-Bro Linen Inc a good investment or a top pick?

K-Bro Linen Inc was recommended as a Top Pick by Michael Simpson, CFA on 2018-07-25. Read the latest stock experts ratings for K-Bro Linen Inc.

Why is K-Bro Linen Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is K-Bro Linen Inc worth watching?

0 stock analyst on Stockchase covered K-Bro Linen Inc In the last year. It is a trending stock that is worth watching.

What is K-Bro Linen Inc stock price?

On 2020-02-27, K-Bro Linen Inc (KBL-T) stock closed at a price of $44.15.